The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1887-05-10
COM mER CIAL.
RONOLELr. 10, 10. -.


There is no marked improvement in bust
ness to note during the week. Owing 10 the
stormy weather, the shipments to the other
Islands have not been as heavy as usual.
The arrival from Glasgow of the bark
Hercules Is noted below, with full cargo of
European goods, consigned TO Messrs. F. A.
Schaefer d Co. The steamer Australia also
brought large cargo of miscellaneous
freight for the local dealers which was sup
plemented by the cargoes of the Consuelo
and Eureka from San Francisco.
The Zealandia had only Il small freight
list for this port about fifty tons in all.
From many portions Of the Islands the
word comes that heavy rains have set in,
which cannot fail to prove beneficial to the
planter and stock raiser.
On Saturday Messrs. E. p. Adams Co.,
of this city, sold small piece of land located
at Lahaina for $21S.
The following is Messrs. Williams, Dimond
Il Co.'s monthly circular relating to the
sugar market:
SAN FRANCISCO, April 20 1887
Our last circular was dated March 18th, per
steamer Australia.
SUGAR-SInce the above date there have been
several changes in the price of the local Rein
cries. On the Sth inst, the California Refinery
reduced the price of white Is centper ID. onthe
18th they reduced prices on all grades of refined
u cent per h., and the American Refinery fol-
lowed With reduction Of 4 cent per ID. under
the California revised list excepting Golden c..
the California met this reduction. On the 2ad
inst. the Canadian Pacific Railroad made favor
able rates for Eastern shipments of refined
sugars and same day California Refinery sd
yanced prices &c. per ID. and again on the 18th
&c. per h., making their price same as the 14th
inst. The American Refinery has not yet fol-
lowed with an advance.
Prices Of Refined are quoted to-day as follows:
Cube.;.............5llc Cube...-............5iic
Granulated.........5c Grsnulsted...--...5Sc
Golden G.....-.---.zxc Golden C...........4Sc
EASTERN AND FOREIGN MARKETs-On the 3lst
ult. the Cuba basis declined to SIC. for go test
and since that date there has been no change,
although sales Of Cuba centrifugals have con-
tinued TO be made in New York 1T the above
price. There is no particular change 10 note in
the general condition of the sugar markets
The London market however has advanced
since last circular from lis to lis Cd for bcets
So test, but prices of raws in New York have
shown very little change.
Mail advices of the 14th inst. from New York
chow that receipts TO refiners by direct importa-
ton have been excessive, and this has prevented
any advance in the spot market.
The Consumption of the United States from
week to week is constantly increasing. For the
week ending Aprll 18th IL reached IL 227 tons, or
10 per cent. TO date, over last year for foreign
sugars. Owing TO the low prices of refined in
New York, and the steadily advancing prices of
both raw and refined sugars in the United King
dom, there has been a fair export demand.
Latest mail adyices from New York OF the 10th
inst, state that refners have shown more dispo-
q
amount Of business has been done at previous |
quotations.
There has been good demand for supplies on |
the spot and TO arrive.
The cause of this change is no doubt owing TO
the strong and buoyant tone Of the London, and |
other European markets, and general display |
OF greater confidence for the future.
1t is said that the strength of the European |
markets is due TO a prospective change in the |
Bounty and Sugar Tax in Germany, which the |
government seems disposed to adjust in such |
way as Will increase the income of the Govern
ment, and at the same time reduce the bounty. |
In view of this fact the exports of both raw and
refined from Germany have been unusually heavy, |
as lubricants have sought TO reap the benefit of |
the present bounty.
The stock at the four ports u h April 10th, |
was 2,5OO tons over last year, or 2Q2, 323 tons |
against 3O55y0 tons same time last wear. Re- Il
ceipts 1000 tens and deliveries Il 500 tons.
Our latest Geographic advices of yesterday |
from New York quote valueof Cuba centrifugals |
96' test at 3-l6c. Market dull but firm owing 10
large receipts account of refiners.
London same date beets $50 test lis Cd. Cuba |
strong and above the parity of New York market.
Estimates present crop unchanged.
RlCE-SlOw sales of choice at 4lsc. 60 DAYS.
Poor grades sold at much lower rates as good.
Carolina readily filed their place. There is still
a large stock of Carolina on hand and some is
still in transit Rice trade generally dull at pre-
FLoUR-G G. extra family. s5a5; ElDoradO,
S4.35
BARLBY-No. feed. S1i7slGs1sO per ctl.
GROUND AND ROLLED BARLEY-se5.OO per
ton fob.
MIDDLING S-S25.OO per ton fob.
BRAN-Coarse, So. per ton fob.
OATS Fair, 81 So; Choice, S1.75; surprise,
81 IS per CT fob.
HAY-Compressed choice wheat $500 per ton
fob choice oat comp. SIS; large bales same
LIME-s1. 400 81. 80 per Dbl. fob.